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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (48464)6/28/2012 12:32:11 PM
From: E_K_S  Read Replies (2) of 78740
 
Richmont Mines Inc. (RIC) -NYSE MKT - added more shares.

Doubled up on initial tracking position. Next buy target $4.01/share. Still a pretty small position. For me, it's a value hold and a play against a strong $US. Strong $US will lower their net production cost since they pay their expenses in $CAN and sell their gold production in $US.

EKS
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